Iberdrola increased its installed renewable capacity in the world by 5.1% in 2022, close to 40,000 MW

The energy company is consolidated as one of the cleanest in the world, with 80% of its installed capacity free of emissions


Iberdrola has increased its renewable capacity by 5.1% in 2022, placing it at the end of December at 39,963 ‘green’ installed megawatts (MW), according to data submitted by the company to the National Securities Market Commission (CNMV). ).

In this way, the energy company chaired by Ignacio Sánchez Galán is consolidated as one of the electricity companies with the cleanest installed capacity in the world, with 80% emission-free.

Of the company’s entire renewable portfolio, Spain represents almost 50%, since it has almost 19,800 ‘green’ MW installed, which helps to position the country as one of the “most important” powers in Europe.

For its part, the United States has 8,702 green MW, mostly wind, Brazil reaches 4,568 MW and the United Kingdom exceeds 3,000 MW. The rest of the countries group 3,890 green MW.

By technology, the first energy is onshore wind, which exceeds 20,000 megawatts for the first time in its history after installing 750 megawatts in 2022.

Among the projects of the past year, the Oitis onshore wind farm in Brazil stands out. This project, made up of 12 farms, will have a total installed capacity of 566.5 MW, making it the company’s largest onshore wind project in Latin America and the second in the world.

Also noteworthy is the development of photovoltaics, which already reaches 4,264 MW, after the installation of 1,204 MW. This strong boost is mainly due to the incorporation of the 553 MW Francisco Pizarro photovoltaic plant in Cáceres, which supplies clean energy to 334,400 homes a year.

Iberdrola’s renewable production in the period has contributed to avoiding the consumption of some 13,000 million cubic meters of natural gas, the amount that would have been needed to generate that electricity through this fossil energy source.


In line with its strategy to advance in decarbonization, Iberdrola assured in its Capital Markets Day that it will reach 52,000 renewable MW in 2025. To do this, it will install 12,100 new green MW by 2025 -3,100 MW onshore wind, 6,300 MW photovoltaic, 1,800 MW offshore , 700 MW of batteries and 200 MW of hydraulics.

For 2030, the prospects presented at Capital Markets Day anticipate a ‘green’ generation capacity of 80,000 MW, with a total portfolio of 100,000 MW.

To reach the aforementioned figures, the company has committed to investing 17,000 million euros between 2023-2025. Of this amount, 46% will focus on offshore wind power in France, Germany, the United Kingdom and the United States. In the rest of the technologies, onshore wind will account for 25% of the investment, photovoltaic 24%, hydraulics 2% and batteries 3%.